Michael McGrath (Cork South Central, Fianna Fail)
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114. To ask the Minister for Finance the number of agreed business plans the National Asset Management Agency currently has in place with developers; the number waiting to be completed; if the agency is satisfied with the implementation of these plans; and if he will make a statement on the matter. [49282/14]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by NAMA that it had assessed all 775 debtor business plans and had determined initial strategies for all debtor connections by end-June 2012.  This has created the debtor management platform for NAMA and enabled it to achieve its core commercial objectives, including, critically, the repayment of €16.6 billion or 55% of its total senior liabilities more than two years ahead of schedule.  These agreed workouts are subject to at least biannual review by NAMA.